Last weekend US Presidential candidate Donald TrumpFollowing the assassination attempt against Bitcoin ve altcoin prices have gone up.
BTCrose to over $65,000, while the Trump memecoin also rose by over 80%.
Trump (SLEEP) In addition to the failed assassination attempt against Trump, Elon Musk’s open support for Trump also played an important role in this rise in the memecoin named.
While MAGA has become the top trending altcoin among cryptocurrencies thanks to Elon Musk’s support for Trump, Santiment stated that he expects major fluctuations in memecoins associated with Trump to continue as the US elections approach.
“MAGA is the top trending token in crypto, thanks to what is widely perceived in the crypto community as Elon Musk’s open support for Donald Trump.
“The meme currency associated with the presidential candidate has been volatile since the shocking revelations of last weekend. We expect major fluctuations to continue as the U.S. moves closer to the election.”
MAGA, which started rising last Saturday and rose above $11, has returned to the same levels and is trading at $6.3 at the time of writing.
🇺🇸 Thanks to what the crypto community widely perceives to be Elon Musk’s transparent support of Donald Trump, MAGA is the top trending token in crypto. The price is up a modest +11% since bottoming out 5 hours ago.
Meme coins that are associated with the presidential candidate… pic.twitter.com/msGdcIUfJO
— Santiment (@santimentfeed) July 19, 2024
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/santiment-kripto-piyasasinin-en-trend-altcoinini-acikladi-sebebi-elon-musk-ve-trump/
